Gold shows several positive signs after testing a solid horizontal support level. There is a clear indication of a bullish trend with the breaking of a resistance trend line and a double bottom pattern. We anticipate an increase in value with a target of 2352.
The XAUUSD pair has experienced a significant development with the breakdown of an ascending channel, signaling a shift in market dynamics. Additionally, the crossover of the Exponential Moving Averages (EMAs) 50 and 200 further confirms this change, indicating a potential transition to a bearish trend. Given these technical developments, there's a notable...
Market will goes downward and our first target is 2260.
Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
Take a look at our analysis for GOLD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2307.567. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2337.511 level. P.S The term oversold...
In this analysis, we'll be focusing on the H2 timeframe for XAUUSD, with key levels at 2327.90 and 2318.22. If the price breaks above 2327.90, the target is set at 2342, indicating a potential upward movement. Conversely, if it breaks below 2318.22, the sell target is identified at 2304, suggesting a bearish trend. Let's delve deeper into these levels and...
A successful investor is not about how much profit he makes, but how well he controls risks. Since we cannot control the market, we must learn to control ourselves. Those who don't understand the stop loss will get deeper and deeper, and the longer they will get tighter. An investor can gradually become stronger after being baptized and tempered by the market for...
#GOLD.. a perfect move as per our video analysis, and market perfectly holding 2312 as i told you.. now market make another fresh supporting area that is 2314 15 keep close it guys because if market hold it then again bounce expected from here, good luck trade wisely
Hello,Friends! We are targeting the 2278.032 level area with our short trade on GOLD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
As discussed throughout my yesterday's session commentary: "My position: As Gold is isolated within Neutral Rectangle on smaller charts, I am not hesitating to utilize the sequence to it's maximum and await final #2,300.80 benchmark break which may extend the Selling sequence all the way towards Daily chart's #MA50. My new Selling order is active as I will...
Fundamentals This Friday, the US Department of Labor will release the April nonfarm payrolls report. Current market expectations suggest the report will show robust growth in employment momentum, with continued easing in wage pressures. A Bloomberg survey's median estimate anticipates a seasonally adjusted nonfarm payroll increase of 240,000 jobs in April....
Hey Everyone, Great start to the week with our chart idea playing once again in true level to level fashion!! Price was sitting between two weighted levels, 2354 resistance and 2327 support and we were looking for either weighted level to break and lock to confirm the next range. We got our bearish target hit first at 2327. No lock below confirmed the rejection...
GOLD 30min short We expect gold to rise to those areas, and then we take two sell deals
Gold / XAUUSD has potential for a small bullish pump over the next few days; followed by a bearish correction. We have some Buy Signal Momentum currently going; it hasn't ended yet but this current bar is displaying it; this implies now is still considered to be a good time to buy but may not be tomorrow! The buy rating started at 1☆ and is closing at a 2☆; this...
price want came back to the FVG 1H and rise at last sell stop
XAUUSD Consolidating in 4H. Waiting for Gold to finish consolidating. Should we buy? Should we sell? Put your comments. I'm open for ideas. Thanks!
Once gold breaks any of the marked trending line I think we should be moving upward